Fees and timelines

Fees

Hungary company setup costs in Year 1 will amount to €2,850 and annual company costs in Year 2 and thereafter will amount to €0. The average fee per engagement amounts to €8,210 including business incorporation, bank account setup, legal registered office and all government registration fees.

 LLCStock companyBranchRepresentative office
Average engagement costs€8,990€8,990€9,260€8,860
Draft invoice

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Timelines

The average of company registration period in Hungary is 9 weeks as outlined below:

StepServiceDuration
1.Engagement planning1 week
2.Company incorporation period2 weeks
3.Corporate bank account approval3 weeks
4.Corporate internet banking approval2 weeks
5.Engagement completion1 week
Total engagement period9 weeks

hungary business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Hungary, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar